SEC Punts on Bitcoin ETF Approval Decisions Yet Again
Bitcoin hopefuls were anticipating the approval of a BTC ETF, but the SEC is expected to delay decisions on pending applications and revisit them in the new year. The SEC has already delayed approval for a spot Bitcoin ETF from Global X and more delay notices are expected today. Market observers believe that a Bitcoin ETF could lead to a $1 trillion boost to Bitcoin and other digital assets.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
SEC Punts on Bitcoin ETF Approval Decisions Yet Again
Bitcoin hopefuls were anticipating the approval of a BTC ETF, but the SEC is expected to delay decisions on pending applications and revisit them in the new year. The SEC has already delayed approval for a spot Bitcoin ETF from Global X and more delay notices are expected today. Market observers believe that a Bitcoin ETF could lead to a $1 trillion boost to Bitcoin and other digital assets.